For saleMulti-family

$399,900

5031 Jackson St NE

Columbia Heights MN 55421

5 beds, 2 baths, 1,890 sqft

5031 Jackson St NE is a 5 beds, 2 baths, 1,890 sqft multi-family home for sale at $399,900 in Columbia Heights MN 55421. At 20% down it rents for an estimated $4,300/mo and returns $1,495/mo a month at a 11.0% cap rate.

The deal math

Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.

Estimated rent
$4,300/mo
Monthly cash flow
$1,495/mo
Cap rate
11.0%
Cash-on-cash
22.4%
Max offer
$399,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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